What is a Loss?
Loss
[los]
noun
1.
A Loss is an injury or damage that is covered by an insurance Policy. Losses can be partial, like when wind damages part of a roof, or total, as when an automobile is "totaled" in a collision.
Related Content
When to Self-Insure
Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails?
Coaches
Coaches have helped you your whole life, in ways big and small. We'd like to be one of them.
Strategies for Managing Student Loan Debt
Five strategies for managing your student debt.